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Stock Analysts' Reports Are Useless (Hair Multiplication & Research)

posted by hairboy2008, 04.05.2008, 05:56

» That Reuters report was pretty standard. Here are excerpts from a recent
» research report:
» Piper Jaffray March 25, 2008

Stock research analysts are there to get people to trade. They are not medical experts and know very little about the industries they cover.

Intercytex in the past three years has made very little progress. They've burned through millions in cash, lost a majority of the value of the company stock, and diluted the outstanding shares by granting stock to executives more than once.

Intercytex is a joke. Anyone who bought in early lost a bundle. I don't know why anyone would invest another cent into that turkey.

 

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